Plan Snapshot
- Plan Sponsor: Fairway Ford, INC.
- Sponsor EIN: 570419617
- Sponsor Address: 2323 LAURENS ROAD, GREENVILLE, SC, 29607
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 197 | $9.9M | $84,462 | $596,699 |
| 2023 | 163 | $9.0M | $89,062 | $589,180 |
| 2022 | 162 | $7.6M | $81,672 | $551,531 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MAULDIN & JENKINS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MAULDIN & JENKINS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $56,012 | $23,683 | — | — | — |
| 2023 | $50,240 | $19,963 | $30,277 | — | — |
| 2022 | $48,335 | $15,213 | $33,122 | — | — |